The price broke the downtrend which was intact since the 10th of February 2021. Also, the increase in volume supports the idea that a shift in trend is taking place. The stop should be placed around 13$ (a price under 13$ would end the new uptrend) and the ATR stops default settings can be used as stopmanagement.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.